Commercial

Is Technology Softening the U.S. Commercial Insurance Market in 2024?
Insurance Is Technology Softening the U.S. Commercial Insurance Market in 2024?

In the second quarter of 2024, the U.S. commercial insurance market witnessed a marked deceleration in premium increases, representing a major shift in market dynamics largely propelled by the Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index for

August 21, 2024
Are Commercial Insurance Rates Stabilizing or Still Rising?
Insurance Are Commercial Insurance Rates Stabilizing or Still Rising?

The commercial insurance market has been a topic of significant scrutiny recently, given its fundamental impact on businesses of all sizes. With continuous fluctuations in premium rates, stakeholders are eager to understand whether these costs are stabilizing or still on the rise. The second

August 20, 2024
How Will FCA's Regulatory Review Impact UK Commercial Insurance?
Insurance How Will FCA's Regulatory Review Impact UK Commercial Insurance?

The Financial Conduct Authority (FCA) recently launched a comprehensive review focused on refining financial services regulations, with a primary emphasis on optimizing commercial insurance regulation in the UK. This review could significantly impact the industry by lowering regulatory expenses and

August 14, 2024
How Will New Jersey's New Insurance Law Affect Motor Carriers?
Insurance How Will New Jersey's New Insurance Law Affect Motor Carriers?

New Jersey has recently enacted a significant law mandating increased minimum liability insurance for motor carriers, marking a major shift in the state's regulatory environment for the trucking industry. Effective July 1, commercial motor vehicles weighing 26,001 pounds or more are now

July 1, 2024
Tower Hill Home Insurance Review 2024: Pros, Cons, and Cost
Insurance Tower Hill Home Insurance Review 2024: Pros, Cons, and Cost

The world of homeowners insurance can be complex and daunting, especially in areas susceptible to specific risks like Florida. Tower Hill Insurance has etched its name as a Florida-focused provider, easing some of that complexity for residents. As we move into 2024, this review aims to dissect the

May 14, 2024
Canada's Road Risk: The Peril of Inadequately Trained Truck Drivers
Insurance Canada's Road Risk: The Peril of Inadequately Trained Truck Drivers

The Link Between Training and Accidents #### The Inexperience Factor Extensive research, such as the pivotal MNP study, confirms that truck driver experience notably influences accident rates. Specifically, those with less than three years of driving are at a higher risk of incidents. These are not

April 10, 2024
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